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NASDAQ:AXON

Axon Enterprise Short Interest Ratio and Short Volume

$124.09
-7.87 (-5.96 %)
(As of 05/12/2021 12:00 AM ET)
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Today's Range
$123.27
$130.12
50-Day Range
$129.00
$159.29
52-Week Range
$71.21
$212.37
Volume575,430 shs
Average Volume586,053 shs
Market Capitalization$8.03 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.21

Short Interest

Axon Enterprise (NASDAQ:AXON) Short Interest Data

Current Short Volume1,190,000 shares
Previous Short Volume1,530,000 shares
Change Vs. Previous Month-22.22%
Dollar Volume Sold Short$181.40 million
Short Interest Ratio / Days to Cover2.1
Last Record DateApril, 15 2021
Outstanding Shares64,684,000 shares
Float Size63,590,000 shares
Short Percent of Float1.87%
Today's Trading Volume575,430 shares
Average Trading Volume586,053 shares
Today's Volume Vs. Average-1.81%

Short Interest Over Time


Axon Enterprise (NASDAQ:AXON) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/20211,190,000 shares $181.40 million -22.2%1.9%2.1$152.44
3/31/20211,530,000 shares $213.10 million -8.9%2.4%2.3$139.28
3/15/20211,680,000 shares $255.80 million +1.2%2.7%2.5$152.26
2/26/20211,660,000 shares $265.43 million -22.4%2.7%2.4$159.90
2/12/20212,140,000 shares $435.51 million -10.1%3.4%3.4$203.51
1/29/20212,380,000 shares $390.25 million -12.2%3.8%3.9$163.97
1/15/20212,710,000 shares $7.83 million No Change4.7%4.4$2.89

Axon Enterprise (NASDAQ:AXON) Short Interest FAQ

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What is Axon Enterprise's current short interest?

Short interest is the volume of Axon Enterprise shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 1,190,000 shares of AXON short. 1.87% of Axon Enterprise's shares are currently sold short. View details.

What is a good short interest ratio for Axon Enterprise?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. Axon Enterprise currently has a short interest ratio of 2.0.

What is a good short interest percentage for Axon Enterprise?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 1.87% of Axon Enterprise's floating shares are currently sold short.

Is Axon Enterprise's short interest increasing or decreasing?

Axon Enterprise saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 1,190,000 shares, a drop of 22.2% from the previous total of 1,530,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

What is Axon Enterprise's float size?

Axon Enterprise currently has issued a total of 64,684,000 shares. Some of Axon Enterprise's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Axon Enterprise currently has a public float of 63,590,000 shares.

How does Axon Enterprise's short interest compare to its competitors?

1.87% of Axon Enterprise's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "systems software" compare to Axon Enterprise: Microsoft Co. (0.82%), Oracle Co. (1.77%), ServiceNow, Inc. (0.00%), VMware, Inc. (14.63%), Fortinet, Inc. (2.32%), Proofpoint, Inc. (0.00%), C3.ai, Inc. (17.33%), Qualys, Inc. (16.30%), Commvault Systems, Inc. (0.00%), and Progress Software Co. (3.23%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Axon Enterprise stock?

Short selling AXON is an investing strategy that aims to generate trading profit from Axon Enterprise as its price is falling. Axon Enterprise's stock is trading down $7.87 today. To short Axon Enterprise stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that Axon Enterprise will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Axon Enterprise?

A short squeeze for Axon Enterprise occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of AXON, which in turn drives the price of the stock up even further.

How often is Axon Enterprise's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including AXON, twice per month. The most recent reporting period available is April, 15 2021.



This page was last updated on 5/12/2021 by MarketBeat.com Staff
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